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Originally published by Kenyanstop
April 11, 2026
3h ago
KRA Issues Notice to Employers on New Rates for 2 Taxes

The Authority urged employers to stay informed about the tax rate changes and comply with reporting timelines to avoid unnecessary penalties...
✨ Key Highlights
The Kenya Revenue Authority (KRA) has announced an updated interest rate for Fringe Benefit Tax and Deemed Interest Rate, effective for the second quarter of 2026.
- The new market interest rate for these taxes is set at 8%.
- This rate is determined by the KRA, the national tax collection agency.
- The rate applies to loans provided by employers to employees at below-market interest, or to non-employees with no interest charged, and is part of a routine quarterly review.
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